Great 2 bedroom, 1 bathroom home with huge side yard. Currently rented out and has a rental license. Tenant pays $1030 a month and the lease expires 7/31/2024. This would be an awesome single family home for an owner, once the lease expires or is cancelled. Tenant pays all utilities. Home is heated with a boiler and has radiators. The rooms are large and the master bedroom has an awesome sitting room that could be used as a nursery or an amazing closet. This property also comes with a vacant parcel of land PID# 010-1010-00380 that you can use for parking or building a garage and will allow you to avoid the rental license parking fee. Have you ever wanted to own 2 rental properties right next to each other? This property can be purchased with another property next door, 504 N 2nd Ave E, for a discount.
Closed
$162,500
506 N 2nd Ave E, Duluth, MN 55805
2beds
1,126sqft
Single Family Residence
Built in 1891
3,702.6 Square Feet Lot
$183,300 Zestimate®
$144/sqft
$1,494 Estimated rent
Home value
$183,300
$161,000 - $203,000
$1,494/mo
Zestimate® history
Owner options
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$832/mo
Est. payment
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Est. payment
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Master bedroomHuge side yard
Zillow last checked:
Listing updated:
Listed by:
Thomas C Acton 218-310-8859,
RE/MAX Results Duluth
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6441608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 135 Square Feet
- Dimensions: 15x9
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bathroom
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 12x9
Dining room
- Level: Main
- Area: 135 Square Feet
- Dimensions: 9x15
Foyer
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15x9
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Heating
- Boiler, Hot Water, Radiant
Cooling
- None
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,126
- Total interior livable area: 1,126 sqft
- Finished area above ground: 1,126
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 3,702 sqft
- Dimensions: 80 x 100
- Features: Tree Coverage - Light
Details
- Foundation area: 576
- Additional parcels included: 010101000380
- Parcel number: 010101000400
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stone
Condition
- New construction: No
- Year built: 1891
Utilities & green energy
- Electric: Power Company: Minnesota Power
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Duluth
- Subdivision: Duluth Proper 1st Div East 5th Street
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2024 | Sold | $162,500-4.4%$144/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6441608 Report a problem | ||
| 2/1/2024 | Pending sale | $170,000$151/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem | ||
| 11/8/2023 | Price change | $170,000-2.9%$151/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem | ||
| 10/4/2023 | Listed for sale | $175,000-61.1%$155/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6441608 Report a problem | ||
| 1/6/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 12/31/2020 | Listed for rent | $975$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/22/2019 | Listing removed | $975$1/sqft |
Source: H&F Rental Homes LLC Report a problem | ||
| 6/16/2019 | Listed for rent | $975$1/sqft |
Source: H&F Rental Homes LLC Report a problem | ||
| 10/3/2014 | Sold | $450,000+350%$400/sqft |
Source: Agent Provided Report a problem | ||
| 7/25/2014 | Listed for sale | $100,000$89/sqft |
Source: RE/MAX 1 - Duluth #6012242 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,968 +2.4% | $156,300 +13.3% |
| 2023 | $1,922 +11.9% | $138,000 +8.7% |
| 2022 | $1,718 +26% | $127,000 +23.2% |
| 2021 | $1,364 | $103,100 +27.4% |
| 2020 | $1,364 | $80,900 |
| 2019 | $1,364 +8.9% | $80,900 +1.3% |
| 2018 | $1,252 -7.5% | $79,900 |
| 2017 | $1,354 +8.1% | $79,900 |
| 2016 | $1,252 +24.7% | -- |
| 2015 | $1,004 +2.4% | $63,800 |
| 2014 | $980 +0.7% | $63,800 |
| 2013 | $973 +2% | $63,800 -3.9% |
| 2012 | $954 +9.6% | $66,400 -4.5% |
| 2011 | $871 -0.9% | $69,500 -4.9% |
| 2010 | $879 | $73,100 |
| 2009 | $879 -4.2% | $73,100 -3.1% |
| 2008 | $917 +21.5% | $75,400 +14.9% |
| 2007 | $755 +15.4% | $65,600 +15.1% |
| 2006 | $654 +17.6% | $57,000 +36.7% |
| 2004 | $556 +15.5% | $41,700 +17.5% |
| 2003 | $482 +4.3% | $35,500 +9.9% |
| 2002 | $462 -15% | $32,300 +5.9% |
| 2001 | $544 +27.2% | $30,500 +8.5% |
| 2000 | $427 | $28,100 |
Find assessor info on the county website
Neighborhood: Central Hillside
Nearby schools
GreatSchools rating
- 2/10Myers-Wilkins ElementaryGrades: PK-5Distance: 0.6 mi
- 4/10Lincoln Park Middle SchoolGrades: 6-8Distance: 3.1 mi
- 5/10Denfeld Senior High SchoolGrades: 9-12Distance: 4.1 mi
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- Minnesota
- Saint Louis County
- Duluth
- 55805
- Central Hillside
- 506 N 2nd Ave E
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